If you've been shopping for a new water heating system, you've likely heard about the newer tankless water heaters. While this type of system is generally more energy-efficient than a traditional water tank, there are several good reasons to stick with the tank, not the least of which is the cost.

Reasons to choose a traditional water tank

1. You have a limited budget. Although the U.S. Department of Energy estimates that the typical household will save around $100 each year by making the switch from a traditional water heater to a tankless system, the initial cost of the system and installation is much higher than what you'll pay for a water tank. The typical tankless system costs between $800 and $1,150, compared to between $300 and $480 for a water tank.

2. You have a large household. Tankless systems work best for households with just a few family members. More than two simultaneous demands for water can cause a tankless system to deliver less water to each outlet. If you typically have several people using water at the same time, it's best to opt for a traditional water tank.

3. You don't plan on being in your home for more than a few years. If you think that you'll be upgrading your home or moving to another area in a few years, you won't have the opportunity to recoup the cost of a tankless system in savings on your annual energy bills.

4. You have a large house. Since a tankless system heats water on demand, it takes longer for the heated water to travel to the outlying rooms if you have a large, sprawling home.

5. You have a limited maintenance budget. Unlike traditional tank water heaters, which require little annual maintenance, tankless systems need to be serviced by an HVAC professional each year to keep them operating efficiently and safely. While most homeowners can take care of a water tank, servicing a tankless system requires special skills and equipment.

Although there are a number of good reasons to make a switch to a tankless water heating system, don't be hasty about jumping on the tankless bandwagon. There are still many good reasons to stick with the traditional tank water heater, including lower initial cost, lower maintenance costs and efficiency for a large family and a large property. Be sure to weigh the pros and cons before you make your final decision. For more information, contact local heating contractors like Buchner Bernie Inc